• Business News

Addis International Bank Earns 274.2 mln br gross profit (213.1mln net) for 2020/2019 budget year

4 years ago

Addis International Bank, one of the youngest banks in Ethiopia has reported that it has earned a net profit 213.1 million birr, showing an increase of 53.9 million birr or 34%. The Bank's earning per share (EPS) increased from 20.7… Read More

  • Business News

Dashen Bank Earns 1.79bln br Gross (1.54bln br Net) Profit for 2020/2019 budget year

4 years ago

Dashen Bank, one of the few banks which has been operating in Ethiopia for 25 years or more, has reported that it has earned 1.79 billion birr gross profit, and 1.54 billion birr net profit for 2020/2019 fiscal year, registering a… Read More

  • Business News

Nib International Bank Earns 1.3bln br Gross Profit for 2020/2019 budget year

4 years ago

Nib International Bank, one of the banks which has been working in Ethiopia for 20+ years has reported that it managed to earn 1.3 billion birr gross profit for 2020/2019 budget year.  In it's 21st annual assembly held at Intercontinental… Read More

  • Business News

Berhan Bank Earns 707.5mln br Profit Before Tax (553mln br after tax) for 2020/2019 budget year

4 years ago

Berhan Bank reported that it has earned a gross profit of 707.5 million birr for the 2020/2019 budget year, making it's net profit 553.1 million birr. The Bank's earning per share (EPS) reached 258.8 birr. Read More

  • Business News

Berhan Insurance Grosses 33.7 million birr profit before tax for 2020/2019 budget year

4 years ago

The company earned 33.7 million birr before tax for the 2020/2019 budget year which is an increase of 9.4 million birr compared to previous year. Berhan Insurance has reported that it has earned a gross written premium of 139.8 million… Read More

  • Business News

Bunna International Bank Nets 440.23 million birr Profit for 2020/2019 f.y

4 years ago

Bunna International Bank has reported that it has earned a profit before tax amounting 582 million birr, making the net profit 440.29 million birr. This is the first time the company's profit declined in it's 11 years of operation. The… Read More

  • Business News

Africa Insurance Nets 45 million birr Profit for the 2020/2019 budget year

4 years ago

Africa Insurance, one of the first insurance companies in Ethiopia has reported that it has earned more than 45 million birr for the 2020/2019 budget year. The company reported a loss of 2.8 million birr for the previous budget year. Read More

  • Business News

Tsehay Insurance Earns 30.2 million birr Net Profit for 2020/2019 budget year

4 years ago

Tsehay Insurance has reported that it has earned a gross written premium of 323 million birr. This amount is an increase of 23 million birr or 8% compared to the previous budget year. The net profit of the bank reached… Read More

  • Business News

Zemen Insurance Earns 18.3 million birr profit in it’s first year of operation (2020/2019 budget year)

4 years ago

Zemen Insurance Company, the latest company to enter the Ethiopian insurance sector has reported that it earned a profit of 18.3 million birr. In it's 6 months of operation, the company only managed to collect an income of 161,840 birr… Read More

  • Blog

Liyu Lottery (20 million) for Dec 2020 (Tahisas 2013) Winning Numbers

4 years ago

A ceremony for The Liyu Edel (ልዩ ዕድል) Lottery which carries a prize money of 20,000,000 (20 million) birr for the 1st price, 10 million for second, 5 million for third and more was held December 09, 2020 (Hidar 30,… Read More